Business Desk :
Stocks in Bangladesh continued to rise for the second consecutive day on Monday thanks to the higher participation from general investors hoping that the market will not fall further.
The participation of the investors increased after a floor price was reintroduced last week by the Bangladesh Securities and Exchange Commission (BSEC).
The DSEX, the benchmark index of the premier bourse in Bangladesh, rose 30 points or 0.48 per cent to close at 6,163.
Turnover, another key indicator of the market, surged to Tk 921 crore, up from the previous day’s Tk 567 crore.
Both DS30, the blue-chip index, and DSES, the shariah-based index, increased by 10 points and 7 points respectively.
Esquire Knit Composite topped the gainers’ list with a 9.97 per cent rise. Hwa Well Textiles, Bangladesh Industrial Finance Company, Tosrifa Industries and Ambee Pharmaceuticals also rose significantly.
Takaful Islami Insurance shed mostly that eroded 4 per cent. Phoenix Insurance, Express Insurance, Pioneer Insurance, and Janata Insurance also remained on the top losers’ list.
Beximco Ltd became the most traded stock with shares worth Tk 44 crore changing hands followed by Fortune Shoes, Sonali Paper & Board Mills, Intraco Refueling Station and Square Textiles.
